5nance5nance
5nance5nance
HomeScreens
LOGINGET FREE ACCOUNT

Aarti Industries Ltd.

•
aarti-industries.comBSE: 524208NSE: AARTIIND
Market Cap₹ 17,852 Cr.
Current Price
High / Low₹ 552 / 338
Stock P/E33.6
Book Value₹ 168
Price to Book2.43
Dividend Yield0.20 %
ROCE7.0 %
ROE7.3 %
Face Value₹ 5

Add ratio to table

ABOUT

KEY POINTS

Revenue Breakup Mar 2022 • Speciality Chemicals: 83.6% • Pharmaceuticals: 16.4%

AI Sector View

AI GENERATED

Chemicals

Hold

The available domestic chemical proxies are mixed to weak. Fertilizers output was -8.0% YoY (2026-07) and sale quantity of fertilisers was 0.0% YoY (2026-05), although that high-frequency barometer is stale. FPI positioning is less negative than before, with net 3-month outflow only INR -11 crore versus INR -1229 crore in the prior 3 months to 2026-08-31, but the weak sector driver argues for a neutral stance.

Confidence
55%
View full sector analysis →

PROS

  • Company has consistently been profitable over the last 5 years
  • Latest quarter profit grew 260.5% YoY, showing strong momentum
  • Strong cash generation - operating cash flow backs reported profits (CFO/PAT 2.77x)
  • Working capital cycle has improved - days down from -26 to -34
  • Stock looks reasonably valued - P/E of 33.6 is below its historical median
  • Company has a consistent dividend-paying track record

CONS

  • Receivables are growing faster than sales - a possible quality concern
  • Company has a low return on capital employed of 6.9%
  • Company has a low return on equity of 7.2% over last 3 years
  • Free cash flow has been persistently negative
  • Effective tax rate is unusually low at -14.9% - earnings may be flattered
  • Company has delivered a poor profit growth of -4.8% over past five years

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

ChemicalsChemicalsChemicals
Part ofNIFTY TOTAL MKTNIFTY 500NIFTY SMLCAP 250
S.No.Name
1.SOLARINDS22307.50101.37201860.690.05666.3788.983668.2070.2638.1627.91
2.PIDILITIND1567.4560.23159547.551.378835.101202.8645515.501112.7432.3826.28
3.SRF2483.0034.0573602.280.36758.8775.535033.2634.6314.2124.57
4.FLUOROCHEM4771.7585.2352417.670.06219.0019.021588.0023.979.5826.83
5.NAVINFLUOR8541.1055.4943822.770.18243.31107.671045.0844.0721.3934.17
6.GODREJIND1127.0032.2937963.110.00523.36-27.855448.0922.1610.6412.82
7.AETHER1672.9594.4122204.700.0062.7533.45326.5627.4911.6531.47
8.DEEPAKNTR1587.1027.6421646.940.47345.01207.362577.6036.3911.5820.96
9.ATUL6244.5523.1118385.050.48253.9391.851847.9525.0315.0521.41
10.AARTIIND492.1533.6217851.590.20155.00260.472387.0042.426.9516.00
11.DEEPAKFERT1320.4517.0016725.200.76490.04100.953256.2622.4712.1225.96
12.BASF3665.1524.6715864.840.68360.29162.224824.2624.5715.2310.46
Detailed Comparison with:

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
1,4141,4541,7321,7731,8511,6281,8421,9491,6762,1012,3192,2062,387
1,2131,2211,4721,4891,5461,4301,6111,6871,4631,8091,9971,8702,212
Operating Profit201233260284305198231262213292322336175
OPM %14.21%16.02%15.01%16.02%16.48%12.16%12.54%13.44%12.71%13.90%13.89%15.23%7.33%
008-16653321-1351
Interest4058545964628564601006911283
Depreciation89939798102108111113114120121119124
Profit before Tax72821171261453440884293119110180
Tax %2.78%-10.98%-5.98%-4.76%5.52%-52.94%-15.00%-9.09%-2.38%-13.98%-11.76%-24.55%13.89%
Net Profit000013752469643106133137155
1.932.503.423.643.771.441.272.641.192.913.673.794.27

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
3,1633,8064,1684,1864,5066,0866,6196,3717,2698,2869,013
2,5103,1073,2023,2093,5254,3655,5305,3976,2837,1757,888
Operating Profit6546999659779821,7201,0899749871,1111,125
OPM %20.66%18.37%23.16%23.35%21.78%28.27%16.45%15.29%13.57%13.41%12.48%
282911111306814
Interest11713218312586102168211275340364
Depreciation123146163185231246310378434474484
Profit before Tax4164296226766651,372611395307365502
Tax %21.19%19.32%18.94%19.14%19.46%13.57%10.78%-5.32%-7.69%-14.90%-5.78%
Net Profit3283465045475351,186545416331419531
EPS38.4540.9560.3930.7715.0232.7115.0411.499.1311.56—
Dividend Payout %2.60%2.44%19.39%11.38%9.99%10.70%16.62%8.70%10.96%8.65%—

COMPOUNDED SALES GROWTH

10 Years:
11%
5 Years:
13%
3 Years:
8%

COMPOUNDED PROFIT GROWTH

10 Years:
5%
5 Years:
-4%
3 Years:
-8%

STOCK PRICE CAGR

10 Years:
13%
5 Years:
-12%
3 Years:
0%
1 Year:
26%

RETURN ON EQUITY

10 Years:
17%
5 Years:
13%
3 Years:
7%
Last Year:
7%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Corporate actions

2021

Jun 22

1:1

Bonus issue & Final Dividend & Audited Results

Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital4141438787181181181181181
Minority Interest647784951211100
1,3211,5382,5872,8923,4164,3354,7395,1065,4155,760
1,5642,1472,6042,6493,0682,8063,1163,3203,7094,774
Trade Payables3003572793455763452167251,2371,841
209231260265482155276639353439
Total Liabilities3,4994,3915,8586,3327,6427,8238,5289,97210,89612,996
1,6971,9982,1472,4683,5933,5954,8615,6496,3776,399
Capital Work in Progress2704367951,4181,2981,3039891,0591,2742,030
474733376428172348132
5717477728369369341,0311,1601,4541,732
00000008547861,403
Cash & Bank2832804247412174201516295608
8861,1311,3081,3261,3401,7891,429711662691
Total Assets3,4994,3915,8586,3327,6427,8238,5289,97210,89612,996

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
5684348671,2669697651,4101,2101,238781
Cash from Investing-529-610-797-1,124-1,322-1,169-1,330-1,369-1,393-1,142
Cash from Financing58279833-53561441238420-73745
-04772-557165-23927261-229383

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026

Shareholding Pattern

Numbers in percentages

Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
43.2442.6142.3542.2442.2442.1842.1442.0941.82
10.619.687.256.296.446.406.707.387.00
18.5518.1117.9219.9520.3718.2018.2120.1121.10
0.030.010.010.010.010.010.010.010.01
27.5729.5932.4731.4930.9433.2132.9530.4030.07

Documents

Corporate disclosures, annual reports, credit ratings, and concall transcripts

2026-09-07
Press Release

2026-09-07 - Aarti Industries Limited has informed the Exchange regarding a press release dated September 07, 2026, titled "Aarti Industries Commissions Phase I of Zone IV, Unlocking New High-Value Manufacturing Opportunities".

2026-08-28
Copy of Newspaper Publication

2026-08-28 - Aarti Industries Limited has informed the Exchange about Copy of Newspaper Publication regarding dispatch to the Shareholders of Integrated Annual Report for the FY 2025-26 and Notice of 43rd AGM

2026-08-27
Record Date

2026-08-27 - Aarti Industries Limited has informed the Exchange that Record date for the purpose of Dividend is 14-Sep-2026.

2026-08-27
Updates

2026-08-27 - Aarti Industries Limited has informed the Exchange regarding 'Business Responsibility and Sustainability Report for the Financial Year 2025-26'.

2026-08-27
Shareholders meeting

2026-08-27 - Aarti Industries Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 21, 2026

2026-08-24
Analysts/Institutional Investor Meet/Con. Call Updates

2026-08-24 - Aarti Industries Limited has informed the Exchange about Schedule of Analyst /Investor Meet.

2026-08-20
Copy of Newspaper Publication

2026-08-20 - Aarti Industries Limited has informed the Exchange about Copy of Newspaper Publication

2026-08-18
Copy of Newspaper Publication

2026-08-18 - Aarti Industries Limited has informed the Exchange about Copy of Newspaper Publication - Notice of Loss of Share Certificate.

2026-08-07
Analysts/Institutional Investor Meet/Con. Call Updates

2026-08-07 - Aarti Industries Limited has informed the Exchange about Transcript

News

Recent coverage and analyst commentary for AARTIIND

Loading news…

🤖

AI Stock Analyst

Aarti Industries Ltd.

🔒

Sign in to Chat with AI

Log in with your 5nance account to ask institutional questions about performance, financials, and outlook.

✨ Sign In to Chat

Free 5nance Account

5nance5nance

Stock analysis and screening tool

5nanceAI © 2020-2026

Made with ❤️ in India.

Data provided by Accord Fintech

Terms & Privacy.

Product

PremiumWhat's new?Learn

Team

About usSupport

Theme

5nance5nance

Product

PremiumWhat's new?Learn

Team

About usSupport

Theme

5nanceAI © 2020-2026

Data provided by Accord Fintech

Made with ❤️ in India.

HomeScreens
Login